May
20
KPMG’s Integrity Survey 2008-2009
Filed Under Audits/Reports, Resources | Leave a Comment
http://www.us.kpmg.com/news/index.asp?cid=2954
“At a time when market confidence and trust are at a premium, KPMG ForensicSM’s Integrity Survey 2008-2009 takes an inside look at corporate fraud and misconduct based on firsthand experiences and perceptions of more than 5,000 employees nationally across 13 different industries. Learn what has changed over the years – and what has not.”
May
9
The Other Stress Test (For Bankers)
Tags: Banks, Business Ethics
Filed Under Articles | Leave a Comment
The Baseline Scenario
Simon Johnson
Read the article here.
Excerpt:
There is nothing you can teach Wall Street titans regarding the timing of news flow. Stephen Friedman, the former head of Goldman Sachs, resigned last night as chair of the New York Fed’s board, after committing essentially a rookie error. In December/January, he traded the stock of a company (Goldman) overseen by the NY Fed, while helping to pick a new head of the Fed (formerly from Goldman), and presumably being aware of other potentially nonpublic information regarding bank rescues (benefiting Goldman both directly and indirectly). The real error, given the Federal Reserve System’s incredibly lax rules on potential conflicts of interest at this level, was failing to disclose this information to the NY Fed – they learned it from WSJ reporters and that cannot have been a good moment.
Read more…
May
1
Workers Rights Consortium
Filed Under Organizations, Resources | Leave a Comment
http://www.workersrights.org/
“The Worker Rights Consortium (WRC) is a non-profit organization created by college and university administrations, students and labor rights experts. The WRC’s purpose is to assist in the enforcement of manufacturing Codes of Conduct adopted by colleges and universities; these Codes are designed to ensure that factories producing clothing and other goods bearing college and university names respect the basic rights of workers. There are more than 100 colleges and universities affiliated with the WRC.”